Autor: dot-traders

• HYPE token gains driven by strong earnings and rising protocol revenue.
• HIP-3 growth lifts Hyperliquid’s open interest to about $1.43 billion.
• Hyperliquid price eyes $45–$50 if the support near $43.5 holds.

Hyperliquid (HYPE) is currently trading around $42.78, up roughly 1.6% in the last 24 hours, and has been showing resilience within a tight intraday range between $42.06 and $43.06.

Over the past week, HYPE’s price action has expanded slightly, with HYPE moving between $40.75 and $44.65, showing a gradual buildup rather than sharp volatility.

The uptick is coming from ecosystem growth, institutional involvement, and a steady rise in derivatives activity across the platform.

Earnings-driven momentum and ecosystem expansion

The HYPE price hike is closely tied to strong performance updates from Hyperliquid Strategies Inc., one of the largest holders of the token.

The firm reported a Q1 net profit of around $152.5 million, largely driven by gains linked to its HYPE holdings.

However, Hyperliquid Strategies has recorded a $165 million net loss over the past nine months, mainly due to unrealised valuation swings and tax adjustments.

This contrast highlights how closely its financial performance is tied to HYPE price action.

Despite the volatility in earnings, the company has remained consistent with its HYPE accumulation strategy.

The company continues to hold roughly 20 million HYPE tokens and has deployed more than $220 million into building its position.

Hyperliquid Strategies also maintains a debt-free structure with over $100 million in cash reserves, reinforcing long-term conviction rather than short-term trading behaviour.

At the Hyperliquid protocol level, activity has also been expanding.

The HIP-3 upgrade has pushed open interest to approximately $1.43 billion, with total derivatives open interest across the platform now estimated near $1.75 billion.

A large portion of this activity is coming from tokenised real-world assets such as oil, gold, and equities, showing that usage is not limited to crypto-native trading pairs.

Buybacks, burn mechanics, and institutional flows

One of the strongest structural drivers behind HYPE’s bullish stance remains its evolving token economy.

Across recent updates, more than 45 million HYPE tokens have been removed through buybacks and burns, tightening supply dynamics at a steady pace.

The upcoming HIP-4 upgrade is expected to further strengthen this structure by directing trading fees toward additional buyback and burn activity.

On the revenue side, the platform has been generating consistent traction.

Weekly protocol revenue has been reported at around $11.58 million, while total value locked stands near $5.42 billion, reflecting sustained capital participation.

HYPE technical analysis

From a technical standpoint, HYPE has been attempting to stabilise above a key breakout zone around $43.50–$43.60.

Holding this region is seen as important for continuation, while resistance remains positioned near $45.70–$45.80.

Momentum indicators remain supportive, with the Relative Strength Index (RSI) hovering around 57.61, suggesting strong but not overheated conditions.

At the same time, MACD trends remain positive, aligning with the broader upward bias seen over the past several sessions.

Hyperliquid (HYPE) price forecast

The short-term outlook for HYPE remains cautiously bullish, driven by a combination of earnings-backed narratives, rising derivatives activity, and ongoing token supply reduction mechanisms.

If HYPE holds above the $43.50 support zone, momentum could extend toward the next resistance at $45.70.

A clean breakout above this level would open the path toward the widely watched $50 price zone, which aligns with both technical projections and recent analyst expectations tied to expanding open interest and protocol revenue growth.

On the downside, failure to maintain support could trigger a pullback toward the $40–$42 range, where earlier accumulation has previously taken place.

The post Hyperliquid price forecast: Can HYPE coin price reach $50? appeared first on CoinJournal.

• Zcash plans to launch quantum recoverable wallets within about a month.
• The system is designed to protect user funds during future cryptographic shifts.
• Full quantum-resistant security is targeted for rollout by 2027.

Zcash is preparing a major upgrade aimed at protecting users from one of the long-term risks facing modern cryptography: quantum computing.

The network is set to introduce “quantum recoverable wallets” within the next month, according to development updates shared by its core contributors at Consensus Miami on Thursday.

The broader goal is to move the protocol toward full quantum resistance by 2027.

The move comes as blockchain projects increasingly assess how future advances in quantum computing could impact existing encryption systems.

Most cryptocurrencies today rely on elliptic-curve cryptography to secure private keys.

While this system remains safe under current computing capabilities, theoretical breakthroughs in quantum computing could eventually weaken or break it.

Zcash is attempting to address that concern in stages rather than waiting for a single full replacement of its cryptographic base.

A transition layer instead of a full overhaul

The upcoming “quantum recoverable wallets” are not designed to make Zcash instantly quantum-proof. Instead, they act as a protective transition mechanism.

The idea is to give users a recovery path in a scenario where current cryptographic methods are no longer reliable in the distant future.

In simple terms, these wallets are meant to ensure that users do not permanently lose access to their funds if the underlying cryptography becomes vulnerable.

Instead of locking users into today’s encryption model, the system is being built with migration pathways that can shift funds into stronger post-quantum security systems when needed.

The rollout timeline for this first stage is relatively short, with implementation expected within approximately one month.

This places it among the earliest real deployments of quantum-aware wallet infrastructure in a major privacy-focused blockchain.

Zcash developers have framed this as a preparatory step rather than a final solution.

The architecture is being designed so that future upgrades can be layered on without forcing users to abandon their wallets or migrate manually under pressure.

Zcash is targeting to be quantum-resistant by 2027

Beyond the initial wallet release, the longer-term objective is to achieve what the team refers to as “quantum-proof” infrastructure by 2027.

This would involve integrating post-quantum cryptographic systems that are resistant to attacks from advanced quantum machines.

The timeline shows a phased approach: deploying quantum-recoverable wallets as a safety and migration layer in a month, followed by continued development of post-quantum cryptographic systems and wallet upgrades, and then a full transition to quantum-resistant security standards within the protocol set for 2027.

This approach is significant because it avoids a sudden shift in cryptographic systems, which could be disruptive for users and developers.

Instead, Zcash is building backward compatibility into its future security model.

The urgency behind this roadmap is driven by increasing attention in the cryptography and blockchain sectors to quantum risk scenarios.

While there is no operational quantum computer capable of breaking current blockchain encryption today, the pace of research has led many projects to begin preparing early rather than reacting later.

The post Zcash plans quantum-resistant upgrade as crypto braces for future risks appeared first on CoinJournal.

• Bitcoin retreated amid clashes in the Strait of Hormuz and rising oil prices.
• Analysts argue that a limited appetite for full‑scale escalation caps downside risk.
• Bulls aim for a rebound toward $82,000, but bears could target a breakdown below $78,000.

Bitcoin dropped to around $79,200 in early trading on Friday as fresh military skirmishes in the Strait of Hormuz rattled global risk assets.

The crypto bellwether was witnessing a sharp intraday pullback after a brief run above $80,000, with the latest price swing highlighting prevailing weakness amid potential geopolitical shocks.

However, despite this outlook, is a classic “bear trap” in play?

Iran ceasefire cracks dent Bitcoin momentum

Bitcoin rallied above $82,500 on Monday, igniting further bullish sentiment across the broader cryptocurrency market.

However, BTC has reversed as selling pressure resurfaced, dropping to support near $79,200.

The downturn coincides with fresh clashes in the Strait of Hormuz after Iran accused the United States of striking an oil tanker, prompting retaliatory strikes by the Islamic Revolutionary Guard Corps (IRGC) against US warships.

The US says it responded with counterstrikes.

Energy markets reacted swiftly, with Brent crude pushing back above $100 per barrel as local skirmishes reignited fears of supply disruption in the world’s key oil chokepoint.

According to SosoValue, the flare‑up has injected fresh anxiety into the so‑called “14‑point deal” narrative, a diplomatic framework aimed at stabilizing the region.

However, the platform notes that President Donald Trump’s insistence that the ceasefire remains in place, and Washington’s framing of its actions as “self‑defense,” point to a lack of appetite for full‑scale escalation.

“If both sides publicly signal restraint, the damage to global risk appetite remains localized,” SosoValue observed on X.

Bitcoin price forecast: a bear trap or deeper retreat?

According to analysts, a scenario that sees the current macro fallout contained could set the stage for a bullish reversal.

Santiment has noted a wave of profit‑driven holder capitulation in recent days, which it says hints at a potential sharp rebound amid thinning liquidity.

“Capitulation is one of the key ingredients to the beginning of bull runs, and wallets can drop out during both a price fall (out of fear of losing more) or on a price rise (expecting prices to not go any higher),” the firm posted.

Meanwhile, veteran market technician John Bollinger recently flagged Bitcoin’s trend model as flipping positive. BTC has retreated from the upper Bollinger Bands line, but the BBTrend indicator remains bullish.

This suggests a short‑squeeze could materialize if prices hold support levels.

Bulls will also need to reclaim upward momentum on strong volume, largely helped by limited escalation in the Gulf, contained oil‑price spikes, and the crypto‑friendly CLARITY Act.

Key resistance levels could be around $85,000-$90,000. However, if downside risks continue, bears could eye a deeper correction toward the $60,000 support zone.

Bitcoin hovered around $79,615 on Friday morning.

The post Is Bitcoin’s drop to $79K a bear trap as Hormuz tensions escalate? appeared first on CoinJournal.

• Cardano price was up 5% as bulls broke above $0.27 amid Bitcoin’s surge.
• Bullish RSI at 66 and rising open interest signal breakout potential.
• Support could be at $0.25 and $0.23, while $0.30 and 200 EMA near $0.40 are next resistance levels.

Cardano (ADA) traded to above $0.27 as bulls across the cryptocurrency market extended gains toward the key resistance zones.

ADA’s spike aligned with this broader market strength, which has seen renewed investor optimism push Bitcoin’s price past $81,000.

The overall lift already has several altcoins posting double-digit gains, while a few like Toncoin and Zcash have exploded by more than 30% in the past 24 hours.

Cardano price surges to $0.27 as bullish sentiment builds

Data on CoinMarketCap shows Cardano’s price has surged 5% in the past 24 hours and 8% this past week, with ADA decisively extending gains above the pivotal $0.25 level.

This momentum aligns with fresh capital flowing into altcoins, amplifying buying pressure.

Notably, derivatives data further bolsters the bullish narrative.

Open interest in ADA futures has risen to $546 million, signaling heightened trader conviction.

Meanwhile, funding rates for perpetual contracts hovered at positive 0.0074%, and 24-hour spot trading volume was at $129 million.

A lot of this is down to risk appetite returning across markets.

On Wednesday, analysts at QCP highlighted the outlook as largely boosted by geopolitical developments. 

“Trump’s pause on “Project Freedom” is read as a de-escalation signal, sending oil lower, equities higher, and the dollar softer. $BTC has reclaimed $80k alongside the S&P 500’s best month since 2020, trading once again as a high-beta expression of dollar weakness and risk appetite,” they noted.

These factors point to mounting bullish sentiment, and Cardano could capitalize on this and the market’s broader recovery to eye higher levels.

Cardano price forecast

From a technical perspective, Cardano’s short-term outlook is bullish.

The token is looking for a breakout from a descending triangle pattern, while the price has jumped above the 50-day exponential moving average (EMA) at $0.25.

The picture signals the potential for an extended rally.

Short-term targets cluster around $0.30, marked by a key horizontal resistance line from March highs.

Beyond that, the 200-day EMA near $0.40 looms as the next major hurdle, potentially unlocking a push toward $0.50 if momentum holds.

The Relative Strength Index (RSI) on the daily chart stands at 66, firmly in bullish territory but yet to enter overbought levels.

This suggests room for additional gains before any pullback.

If bears take control, key support levels include $0.25 (now acting as dynamic support via the 50-day EMA) and $0.23.

A drop below this mark could temper enthusiasm and bring $0.20 into play.

The post Cardano price forecast: what does surge to $0.27 mean for ADA? appeared first on CoinJournal.

• Zcash price climbed 36% to above $600 amid Bitcoin’s uptick.
• ZEC’s rally comes as a surge in shielded supply highlights Zcash’s strength.
• Bulls could target $700 and cycle highs, but RSI signals profit-taking.

Zcash (ZEC) is riding the latest wave in the cryptocurrency market, surging alongside Bitcoin’s charge toward $82,000.

As the flagship asset nears this key psychological barrier, altcoins are joining the rally, with Toncoin (TON) climbing 22%, Internet Computer (ICP) gaining 18%, and Near Protocol (NEAR) up 15% in the past 24 hours.

This broad uptick signals a renewed investor appetite for privacy-focused and scalable protocols amid a dip in Bitcoin’s dominance to 54%.

Zcash explodes 36% to above $600

Zcash’s price has skyrocketed 36% over the past week, flirting with the $600 resistance level early Wednesday.

The privacy coin rose to highs of $606 on Coinbase, hitting its highest level since November 2025.

Meanwhile, open interest on major futures platforms like Binance and OKX has surged to $1.3 billion, up from $964 million the day before.

These metrics reflect surging conviction and have helped propel bulls past key resistances at $450 and $540. ZEC hovered at $578 at the time of writing, with the $600 mark now acting as the immediate hurdle.

Why is Zcash price surging?

As noted, Zcash’s ascent gained momentum amid Bitcoin’s rally. However, ZEC’s surge has also accelerated amid key institutional developments.

Robinhood’s late April listing of ZEC for spot trading unlocked access for millions of retail users, including those in New York for the first time, injecting fresh liquidity into the market.

Bulls also rode Grayscale’s filing to convert its Zcash Trust into a spot ETF, a move that could draw billions in traditional capital.

Zcash has also seen its shielded supply rise steadily, underscoring growing adoption for shielded transactions.

Multicoin Capital, which has amassed a substantial ZEC position, highlights this uptick. Co-founder and managing partner Tushar Jain emphasized ZEC’s appeal on X:

We believe that truly private, censorship and seizure resistant assets have clear product-market fit and demand is accelerating. We believe ZEC is the cleanest way to express this thesis in public markets.

Zcash price prediction – cycle highs next for ZEC?

Despite the rally, Zcash remains far from its all-time high set in 2016.

Yet, prices have surged significantly since lows of $15 in July 2024, and this uptick has seen bulls shatter the stubborn supply wall that capped prices since December 2025.

Rising to $600 could clear a path for higher levels, with bullish momentum likely bolstered by fresh institutional and retail accumulation amid ETF prospects and privacy demand.

If this holds, buyers will eye $700 as the next target, aligning with last year’s cycle highs. Movement towards $850 and $1,000 could align with an explosive rally across crypto.

However, technical indicators temper immediate optimism. The Relative Strength Index (RSI) on the daily chart sits at 86, signaling overextension and hinting at a pullback.

A retest of support at $452 (the recent breakout level) or deeper at $378 (a multi-month accumulation zone) could attract bears.

But these could offer entry points for renewed upside.

The post Zcash price jumps 36% to $600 resistance; bulls eye cycle high appeared first on CoinJournal.